Search for: "Puerto Rico Investors Tax-Free Fund, Inc."
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9 Jan 2019, 7:27 am
According to records kept by The Financial Industry Regulatory Authority (FINRA), most of Mass’ customer complaints allege that Mass made unsuitable recommendations in a variety of investments including REITs, Puerto Rico bonds, and mutual funds. [read post]
8 Nov 2018, 9:05 am
In their amended class action complaint, Fernandez and Schreiner claimed that UBS falsely marketed the mutual funds as fixed-income securities that were safe and would garner tax-free income, when in reality, UBS’s Puerto Rico Closed-End Funds were risky leveraged investments incorrectly identified as “consistent with capital preservation. [read post]
8 Oct 2018, 10:50 am
In July 2018 a customer complained that Cavanagh engaged in unsuitable investments, made misrepresentations, breached his fiduciary duty, was negligent, and committed fraud in connection with Puerto Rico and Rochester Bond Fund. [read post]
21 Aug 2018, 9:17 am
These bond funds, such as the Tax Free Puerto Rico Fund II, invest primarily in Puerto Rico municipal bonds. [read post]
27 Jun 2018, 6:34 am
Brokers have recommended Puerto Rico bonds over the past decade as an attractive high yielding investment that is triple-tax free – meaning interest earned is free of federal, state, or local taxes. [read post]
6 Mar 2018, 5:23 am
The value of Puerto Rico’s municipal tax-free bonds has largely fallen as a result. [read post]
27 Nov 2017, 10:13 am
The value of Puerto Rico’s municipal tax-free bonds has largely fallen as a result. [read post]
27 Nov 2017, 9:49 am
The firm is specifically investigating UBS Tax-Free Puerto Rico Fund Inc. and UBS Tax-Free Puerto Rico Fund II. [read post]
27 Nov 2017, 7:54 am
UBS Tax-Free Puerto Rico Fund II, Inc. [read post]
13 Aug 2017, 6:00 am
The History of PPP Projects in Puerto Rico PPP projects in Puerto Rico have a mixed history. [read post]
13 Jul 2017, 6:52 am
The causes of action related to claimants’ investments in tax-free government bonds issued by various Puerto Rico government agencies. [read post]
31 Mar 2017, 10:44 am
The Hernandez family alleges UBS through misrepresentation, negligence and unsuitability caused them to lose money on their investments in UBS’s Puerto Rico fixed income funds and tax-free. [read post]
10 Mar 2017, 4:25 am
Robert Menendez (D., N.J.) and Orrin Hatch (R., Utah), would impose greater oversight on mutual funds based in, and sold to residents of, U.S. territories like Puerto Rico that have previously escaped SEC regulation. [read post]
3 Sep 2015, 8:35 am
According to media reports and the various lawsuits filed against UBS by investors in Puerto Rico, UBS recommended that its clients invest in highly leveraged, risky closed-end bond funds that were heavily invested in Puerto Rican municipal debt, such as the Tax Free Puerto Rico Fund II. [read post]
27 Mar 2015, 7:07 am
Government Securities Fund; Puerto Rico Fixed Income Fund I-VI; Puerto Rico Investors Tax-Free Fund I-VI; Puerto Rico Tax-Free Target Maturity Fund I-II; and the Puerto Rico Investors Bond Fund. [read post]
15 Jan 2015, 7:24 am
Government Securities Fund; Puerto Rico Fixed Income Fund I-VI; Puerto Rico Investors Tax-Free Fund I-VI; Puerto Rico Tax-Free Target Maturity Fund I-II; and the Puerto Rico Investors Bond Fund. [read post]
9 Aug 2014, 6:41 am
The law offices of Gana LLP has recently filed securities arbitration case on behalf of an investor against UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico (UBS) involving allegations that UBS’ misleading sales tactics and inappropriate recommendations surrounding Puerto Rico bonds in the Claimant’s portfolio. [read post]
25 Jun 2014, 6:57 am
The attorneys at Gana LLP are experienced in representing investors concerning unsuitable Puerto Rico UBS bond funds, REITs, and other investments to recover their losses. [read post]
18 Feb 2014, 12:58 pm
UBS Puerto Rico Investors Tax-Free Fund, Inc. [read post]
13 Feb 2014, 7:57 am
UBS Puerto Rico Investors Tax-Free Fund, Inc. [read post]